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A new age for poker

A new age for poker

The benefits of Bitcoin as a payment method for iGaming businesses are clear to most who have taken a look into the industry. The lower transaction fees, lack of payment friction and no chargebacks allows operators to save money, or even charge lower "rake". However at Bitnplay (a Bitcoin only poker operation), we see Bitcoin as more than just another payment method.

Bitnplay uses technology to solve major problems in the Internet Poker space. We eliminate the need for operators to act as a "depository institution". Hence we aim to reduce the massive third-party risk that was revealed when one of the major (regulated) companies defaulted - resulting in a loss of hundreds of millions (USD) in players' funds. We do this by harnessing Bitcoin's Blockchain technology and deal with player’s funds on a secured instance-to-instance basis rather than holding account balances.

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